243 E MAIN ST, NEWPORT, TN 37821
Listing Presented By
Fee Simple Improved - NEWPORT, TN
Wonderful Investment Opportunity!!!! Currently (3) Active Businesses Producing Income w/Space for Additional Rental Income! This Timeless & Iconic 5776 Sq Ft Building Currently Leases Successful Petals Florist, Successful Tattoo Parlor & Barber Shop. Prime Corner In City on East Main St, US Hwy 321 in Downtown Newport. 2nd Floor of Petals Florist was Once an Apartment & 2nd Floor of Corner Building Has Main St & Hwy 321 Access, Could be Remodeled For Apartment or Business Spaces for More Rental Properties! Priced $40,000 Under Current Appraisal! Rent From These Businesses Will Appeal to Any Investor Who Prefers Quick Payoffs & Clear Profit! Rent Alone Should Cover Bank Payment w/Money to Spare & A Great Opportunity To Invest In Downtown At The Beginning Stages Of New Businesses & The Downtown Revitalization ERA (Also Possible Grant Money Available to Help in Restoration) Awesome Opportunity!
Square Footage: 5,776
Built In: 1900
Last Updated: May 13, 2017
Posted: September 27, 2015